Anglo American plc (LON:AAL) Receives Average Rating of "Hold" from Analysts

Key Points

• Anglo American has a consensus “Hold” rating from seven analysts: four recommend buying, two recommend holding, and one rates the stock a sell. The average 12-month price target is GBX 3,921.43.
• Analyst targets remain mixed, ranging from JPMorgan’s GBX 3,350 “underweight” target to Jefferies’ GBX 5,000 “buy” target; Berenberg recently cut its target to GBX 4,100 while Deutsche Bank maintained a GBX 4,500 target.
• The stock opened at GBX 3,850 and has traded between GBX 2,123 and GBX 4,239 over the past year. Company insiders purchased 905 shares worth approximately £3.37 million over the last 90 days.

Shares of Anglo American plc (LON:AAL - Get Free Report) have been given a consensus recommendation of "Hold" by the seven research firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is GBX 3,921.43.

AAL has been the subject of several research reports. Berenberg Bank lowered their price objective on shares of Anglo American from GBX 4,200 to GBX 4,100 and set a "hold" rating for the company in a research report on Friday, July 24th. Jefferies Financial Group restated a "buy" rating and issued a GBX 5,000 target price on shares of Anglo American in a report on Tuesday, June 9th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a GBX 4,500 target price on shares of Anglo American in a research report on Friday, July 31st. Finally, JPMorgan Chase & Co. increased their price target on shares of Anglo American from GBX 3,160 to GBX 3,350 and gave the company an "underweight" rating in a report on Friday, July 10th.

Anglo American Trading Down 1.7%

AAL stock opened at GBX 3,850 on Friday. The firm has a fifty day moving average price of GBX 3,755.25 and a 200 day moving average price of GBX 3,627.47. Anglo American has a fifty-two week low of GBX 2,123 and a fifty-two week high of GBX 4,239. The firm has a market cap of £41.25 billion, a PE ratio of -15.28, a price-to-earnings-growth ratio of 2.05 and a beta of 0.97. The company has a debt-to-equity ratio of 100.59, a quick ratio of 1.27 and a current ratio of 2.21.

Insider Buying and Selling at Anglo American

In related news, insider Stuart J. Chambers acquired 487 shares of the firm's stock in a transaction on Tuesday, June 23rd. The shares were acquired at an average cost of GBX 3,725 per share, for a total transaction of £18,140.75. Also, insider Magali Anderson acquired 213 shares of the stock in a transaction dated Tuesday, June 23rd. The stock was bought at an average cost of GBX 3,725 per share, with a total value of £7,934.25. Insiders have purchased a total of 905 shares of company stock worth $3,371,451 over the last ninety days. Company insiders own 0.43% of the company's stock.

About Anglo American

Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends. Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and responsibly.

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